With all levels of governments currently, and for the foreseeable future, under significant fiscal stress, any new transit funding mechanism is to be welcomed. Value capture (VC) is one such mechanism, which involves the identification and capture of a public infrastructure-led increase in property value. This book reviews four major VC mechanisms: joint development projects; special assessment districts; impact fees; and tax increment financing; all of which are used to fund transit in the United States. Through the study of prominent examples of these VC mechanisms from across the US, this book evaluates their performance focusing on aspects such as equity, revenue-generating potential, stakeholder support, and the legal and policy environment. It also conducts a comparative assessment of VC mechanisms to help policy makers and practitioners to choose one, or a combination of VC mechanisms. Although the book focuses on the US, the use of the VC mechanisms and the urgent need for additional revenue to fund public transportation are world-wide concerns. Therefore, an overview of the VC mechanisms in use internationally is also provided.

This book explores the physical and electronic integration of innovative urban public transport systems in seven metropolitan cities in South Africa and Zimbabwe in the era of the Fourth Industrial Revolution (Industry 4.0). The book also highlights how collaborative engagement can improve new transport projects in cities of the Global South. It demonstrates how integration concerns remain in transport infrastructure projects in cities of the developing countries. Consequently, in order to strengthen the emerging and promising economies of these cities, there is a need for efficient, integrated, reliable and affordable public transport systems. The book explains that plans to deliver innovative transport systems in the Global South need to be well coordinated and managed to yield physically and electronically integrated systems.

This publication condenses the main findings of expert panels and round tables of the International Transport Forum 2010: Transport and Innovation: Unleashing the Potential which took a close look at the role of innovation in shaping transport systems of the future.

Discover the highly anticipated Second Edition to the Amazon #1 Best Seller, The Future of Public Transportation. Delve into 30 expertly crafted chapters brimming with insights from leading public transportation figures. From hydrogen-fueled buses to AI-driven advancements and cybersecurity, this book offers an unparalleled glimpse into the future of transit. Navigate the complexities of transit planning in a post-COVID world, where innovative solutions are essential to tackle infrastructure challenges and workforce shortages. Learn how AI is revolutionizing transit planning, enhancing outcomes for riders. Explore cutting-edge transit technology, including autonomous vehicles and zero-emission initiatives, with a focus on sustainability and customer experience. Whether you're a seasoned professional or new to the field, this book is your roadmap to success, empowering you to drive positive change in your organization. Join us on the journey towards a more efficient, sustainable, and accessible future for all. Don't miss your chance to stay ahead of transit innovation. Order The New Future of Public Transportation now and embark on a journey towards a brighter, more connected transit landscape worldwide. This book is a culmination of Paul’s efforts to gain a broad understanding of current trends across the transit industry from a global perspective. I am confident that readers will take away many lessons for their own organizations and that those insights will shine a light on what to plan for next. Mark Miller Cofounder of Trapeze Group (ISBN: 9781468607611 ISBN: 9781468607628 ISBN: 9781468607635 DOI:10.4271/9781468607628)